AMENDED PUBLIC NOTICE AND AGENDA Wood Ranch Public Infrastructure District
Notice Tags
Bonds
Notice Type(s)
Notice,
Meeting,
Bond
Event Start Date & Time
May 22, 2024 09:30 AM
Event End Date & Time
May 22, 2024 10:30 AM
Description/Agenda
AMENDED PUBLIC NOTICE AND AGENDA
Wood Ranch Public Infrastructure District
Board of Trustees
Special Meeting
NOTICE IS HEREBY GIVEN THAT THE BOARD OF TRUSTEES OF WOOD RANCH PUBLIC INFRASTRUCTURE DISTRICT WILL HOLD A MEETING ON WEDNESDAY, MAY 22, 2024, AT SNOW JENSEN & REECE, P.C., 912 W. 1600 S., SUITE B-200, ST. GEORGE, UTAH 84770
AT 9:30 am.
A. Call to Order
B. Public Comments
C. Consent Items
1. Consider approval of the Meeting Minutes from April 24th, 2024.
D. Action Items
1. Consider approval of Resolution 2024-05: A RESOLUTION OF THE BOARD OF TRUSTEES OF THE WOOD RANCH PUBLIC INFRASTRUCTURE DISTRICT (THE 'DISTRICT'), AUTHORIZING THE ISSUANCE AND SALE OF THE ISSUANCE OF THE DISTRICT'S SPECIAL ASSESSMENT BONDS, SERIES 2024 (WOOD RANCH ASSESSMENT AREA NO. 1) (THE 'SERIES 2024 BONDS') IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $24,641,000; FIXING THE MAXIMUM PRINCIPAL AMOUNT OF THE SERIES 2024 BONDS, THE MAXIMUM NUMBER OF YEARS OVER WHICH THE SERIES 2024 BONDS MAY MATURE, THE MAXIMUM INTEREST RATE WHICH THE SERIES 2024 BONDS MAY BEAR, AND THE MAXIMUM DISCOUNT FROM PAR AT WHICH THE SERIES 2024 BONDS MAY BE SOLD; DELEGATING TO CERTAIN OFFICERS OF THE DISTRICT THE AUTHORITY TO APPROVE THE FINAL TERMS AND PROVISIONS OF THE SERIES 2024 BONDS WITHIN THE PARAMETERS SET FORTH HEREIN; AUTHORIZING THE EXECUTION BY THE DISTRICT OF AN INDENTURE OF TRUST AND PLEDGE, A PRELIMINARY LIMITED OFFERING MEMORANDUM, A LIMITED OFFERING MEMORANDUM, A BOND PURCHASE AGREEMENT, A CONTINUING DISCLOSURE AGREEMENT, AND OTHER DOCUMENTS REQUIRED IN CONNECTION THEREWITH; AUTHORIZING THE TAKING OF ALL OTHER ACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THIS RESOLUTION; PROVIDING FOR A POSTING OF A NOTICE OF BONDS TO BE ISSUED; AND RELATED MATTERS.
2. Consider approval of the Infrastructure Acquisition and Reimbursement Agreement
between the District and Developer and authorize the District Chair to sign.
3. Consider approval of the Funding and Reimbursement Agreement between the
District and Developer and authorize the District Chair to sign.
4. Consider approval of the tentative budget for 2024 as proposed by CLA.
E. Other Items From Board Members
F. Adjourn
The district complies with the Americans with Disabilities Act by providing reasonable accommodations for those in need of assistance. People requesting accommodation for public meetings should call Jennifer Gowans at 435-628-3688 at least one full business day before the meeting. This meeting will be simulcast via Zoom so members of the Board and the public may participate electronically.
Motions relating to any of the items listed above, including final action, may be taken. Meetings may be closed for reasons allowed by statute.
This meeting can be accessed through Zoom at:
Join Zoom Meeting
https://us06web.zoom.us/j/83518093804?pwd=1RHDJs2Wcyp2R7WlfRoeVKjn2Tvyjw.1
Meeting ID: 835 1809 3804
Passcode: 074920
Notice of Special Accommodations (ADA)
The District complies with the Americans with Disabilities Act by providing accommodations and auxiliary communicative aids and services for all those in need of assistance. Persons requesting these accommodations for public meetings should call Jennifer Gowans at 435-628-3688 at least 24 hours before the meeting.
Notice of Electronic or Telephone Participation
Unless otherwise noted on the posted Agenda, meetings of the Board of Trustees will be held in person. For meetings held via videoconferencing or telephonic communication Trustees and other meeting participants and attendees will be able to participate remotely. Persons requesting video conference or telephonic accommodation for public meetings should call Jennifer Gowans at 435-628-3688 to make arrangements.